Simmons First National Corp (SFNC) Tops Q2 EPS by 1c
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Simmons Reports Record Earnings for Second Quarter 2018
July 23, 2018 5:00 PM EDTPINE BLUFF, Ark., July 23, 2018 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) today announced record net income of $53.6 million for the quarter ended June 30, 2018, compared to $23.1 million for the same period in 2017, an increase of $30.5 million, or 132.2%. Diluted earnings per share were $0.58, an increase of $0.22, or 61.1%, from the same period in 2017. Included in second quarter 2018 results were $1.1 million in net after-tax merger-related and branch right-sizing costs. Excluding the impact of these items, core earnings were $54.7 million for the quarter ended June 30, 2018, compared to $26.8 million for the quarter ended June 30, 2017, an increase of $27.9 million, or... More
